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Financial Incentives for Physicians

Date de publication: Mai 1, 2023
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Effective July 2023

Financial incentives are designed to attract and retain physicians to designated areas on Prince Edward Island. To be eligible, physicians must be relocating from out of province or be a participant in the PEI Family Medicine Residency Training Program and not presently in another return-in-service commitment. Return-in-service (RIS) grants and moving reimbursement incentives may be available.

Return-in-Service Grants

Family Medicine Physicians

A Family Medicine physician is provided a financial grant with a return-in-service commitment up to a maximum of $115,000 (location dependent). To learn more about RIS commitments, please contact physicianrecruiter@gov.pe.ca

Designated areas eligible for a Family Medicine return-in-service grant with a three (3) year commitment are:

•    Charlottetown/Stratford/Cornwall - $50,000* 
•    Summerside and Three Rivers - $90,000* 
•    West of Summerside and East of Three Rivers - $115,000* 

*Upon signing of return in service Contract and commencing work, eligible candidates will receive 50% of grant within 30 business days of their start date and the remaining 50% of the grant over year two and year three.

Specialist Physicians

Physicians in Anesthesia (including Family Practice Anesthesia), Psychiatry, Emergency Medicine, Internal Medicine and other specialist physicians may be eligible for a $100,000 return-in-service incentive with a three (3) year return in service commitment.

Specialty positions, which become vacant, will be reviewed on a case-by-case basis and a decision on eligibility for financial incentives will be made depending on labour market demand and other relevant factors.

Note: Physicians are only eligible to receive one (1) financial incentive from the Department of Health and Wellness in Prince Edward Island (excluding financial incentives offered by the Prince County Hospital Foundation).

Moving Expense Reimbursement

Physicians who are relocating to Prince Edward Island may receive reimbursement of eligible moving expenses up to $10,000, attached to a three-year return-in-service agreement with Health PEI.

To learn more about moving expenses, send an email to the Workforce Recruitment Team.

  • Physicians who are relocating to Prince Edward Island are eligible for a moving expense allowance, which is determined by the location where the move originates.
  • Receipts are required and moving expense guidelines provide information on expenses that can be claimed, in compliance with the Canada Revenue Agency.
  • The minimum allowance is $5,000 and the maximum allowance is $10,000 and is attached to a three year return-in-service agreement.
  • The moving allowance maximum within Maritimes $5,000; Newfoundland and Labrador $6,000; Quebec  and Ontario  $8,000; and Western Canada and International $10,000.

 

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